3721 Cottage Grove Ave
Des MoinesIA50311
Cheap Homes for Rent in Drake University Neighborhood of Des Moines, IA from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake University area of Des Moines.
1501 University Ave
Des MoinesIA50314
1314 22nd St
Des MoinesIA50311
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1314 22nd St
Des MoinesIA50311
1334 32nd St
Des MoinesIA50311
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1334 32nd St
Des MoinesIA50311
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1312 22nd St
Des MoinesIA50311
1310 Ascension St
Des MoinesIA50314
3812 Center St
Des MoinesIA50312
905 25th St
Des MoinesIA50312
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Drake University, Des Moines, IA Local Guide
How much does it cost to rent a home in Drake University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake University 2 Bedroom Homes for Rent | $1,111 | $795 | $1,900 |
| Drake University 3 Bedroom Homes for Rent | $1,567 | $1,095 | $1,950 |
| Drake University 4 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Drake University Neighborhood of Des Moines, IA.
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Drake University, Des Moines, IA Local Guide
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Cheapest Available Drake University Apartments for Rent
The cheapest available apartment rental in the Drake University area of Des Moines, IA is a Studio unit found at Village Green priced from $600. The Brady Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Drake University apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Green | Studio | Studio,1BA | $600 |
| The Brady Apartments | 0BR/1.0BA | Studio,1BA | $695 |
| The Grove at Hickman | 1x1 | 1BR,1BA | $695 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
| Pleasant Court | Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Drake University, IA
As of December 19, 2025 the best value apartment in the Drake University area is the $1.30 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,795. The second greatest value Drake University apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown Des Moines neighborhood. Here is today’s list of the best values for Drake University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.30 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
| 1215 23rd St, Unit 1215 23RD apt #3 | 1215 23rd St | 2BR,1BA | $0.80 |
| Woodland Avenue Brickstone | 2x1 850 | 2BR,1BA | $1.19 |
| Skyloft Apartments | 2BR/1.0BA | 2BR,1BA | $1.06 |
| 722 18th St | 1x1 | 1BR,1BA | $1.21 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
| The Drake Apartments | B1 | 1BR,1BA | $1.24 |
| The Grove at Hickman | 1x1 | 1BR,1BA | $1.21 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleDrake University, Des Moines, IA
Ranked #63
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Drake University
What type of rentals are currently available in Drake University?
There are currently 280 Apartments for Rent in Drake University, IA with pricing that ranges from $490 to $2,997. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake University ranging from $490 to $2,150.
What is the current price range for Rental Homes in Drake University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Drake University ranges from $490 to $2,150 with an average monthly rent of $1,211.
How much are larger Three and Four Bedroom Rentals in Drake University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake University range from $1,100 to $1,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $1,950. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $965.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa
Written by: Joseph Isenberg
I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!